Event Brief
Jul 8, 2026 at 11:03 AM ET
IMF forecasts world economy growth of about 3%
By The BriefBrief
The IMF expects global growth to be sluggish at about 3% this year, assuming the Strait of Hormuz reopens later this month.
WHO: International Monetary Fund (IMF)
WHAT: IMF forecasts world economy growth of about 3% this year, based on an assumption about the Strait of Hormuz reopening.
WHEN: Jul 8, 2026 at 10:34 AM ET
WHERE: Location not specified
WHY: The IMF’s forecast assumes the Strait of Hormuz reopens later this month.
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